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Strategies & Market Trends : Ride the Tiger with CD

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To: marci58 who wrote (111970)4/18/2008 11:33:30 AM
From: E. Charters  Read Replies (2) of 313022
 
Easy. You are not a bad person because you don't have the book "The Biggest Crooks on the TSXV".

Get stockwatch and go over the connections. Before you invest you have to know CERTAIN NAMES. It is ALWAYS the same story. Some are good promoters but too prolific. Too many companies doing too many things. Others always get into plays and ALWAYS have good results within 3 weeks. Then you never hear another thing. Funny. Now why would that be?

I can't imagine. Surely there can't be that many out and out crooks in this business? No.

It hasn't changed since Bre-X. That is why they have lawyers and jails. This will never change. Governments may come and regulations may go, but there will always be a Millhaven.

Some crooks are just smart enough to not get caught 90% of the time. On the TSXV they have some very immoral, very irresponsible and very clever, out and out thieves. They want your money. Remember the story about the monkeys and the villagers? They know they don't have to outright steal, all they have to do is make you lose. It is called a shell game. Now you see your cash, now you don't.

Even honest companies are promoted by dishonest people.

Anyone who goes into a company like Kazhakstan or Columbia or Ecuador knows one thing. They may never develop a mine. In these countries 80% of the staff and promotional people in the company absolutely are willing to bet say 3 to 1 it won't happen. But they can seem like they don't know that and occasionally they look ok. They may get permits and even start building the mill. Check out how many own anything other than options by that time. What do they have at risk? Very little you find often. They would not go over there and sell their house and move to Kazakhstan and put their life savings in the mine. If they did they know they would be a laughing stock. So why would you risk a penny? Cause of that part of your money that reacts to viagra, beer, and money. plain and simple. You know the risks but you can't help yourself. You are addicted to risk.

EC<:-}
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